Amongst the dollar weakness euro strength and that means european stocks are finding it hard to make any headway. 6418 right now. We are at a more than twoyear high. How will opec and friends respond . Heres emma chandra. Stocks fell more than 2 after a report that qatari fighter jacks jets intercepted an airline from uae. Its the latest escalation in the dispute between persian gulf monarchies. Saudi arabia, the uae and egypt all accused of destabilizing the region. Carillion has fired for liquidation filed for liquidation. The shares have fallen more than 90 since july. It employs 43,000 people worldwide. Its a further boost to the International Status of the chinese yuan. Liquidation filed for liquidation. Global news 24 hours a day powered by more than 2700 journalists and analysts in over 120 countries. Im emma chandra. This is bloomberg. We will get a perspective on whats going on in the markets today despite the holiday in the United States. The dollar is really dominating the t
Welcome to countdown. Im anna edwards. 6 00 in the morning this tuesday. Lets start with the oil story. Two things to talk about we are back in a bear market once again and we will come to that chart in just a moment. Statoil is the other thing major oil is reporting numbers. Secondquarter adjusted net income is coming in at 7. 2 billion norwegian krone, ahead of the estimate. The net income bottom line number looks much better than markets were looking for. We will get further into the dividend story as we go through the morning because that could be some interesting stories. Q2 sales once again above the estimate. They are talking about how much of an impact the Maintenance Cost are having on the business in the 2015 number they talk about maintenance being 45 Million Barrels per day. It is in line with the overall 2015 trend, what they expect to see in the Third Quarter. They also say they will declare a Quarterly Dividend in u. S. Dollars from the Second Quarter. Plots to talk abou
Agreement asmplete to the measures to be taken upon analysis of the latest situation in north korea, given a good amount of time. Consistently supports the position of President Trump when he says that all options are on the table. Through the talks over two days, i reaffirm that japan and the u. S. Are 100 together. For more than 20 something the International Community attempted dialogue with north korea. At the time of the agreement of 1994 and the agreement of 2006, north korea committed in abandoning their nuclear program. Each time, the promise was broken. In korea buying time for their nuclear and Missile Development while we were making efforts for dialogue. There was no point in the dialogue for the sake of dialogue with north korea. Now is the time not for dialogue, but applying a maximum level of pressure on north korea. We completely agreed that to make north korea change their musty, japan and the u. S. Take leadership in closely collaborating with the International Commun
Well be talking to the winners and losers. And who would you trust with your bank account. We will need one London Digital bank that promises a new way of managing your money. We ask what would be the one thing you change about the bank you use, cheaper loans, better Interest Rates, Faster Service . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Good to have you with us. Banking is dominating the programme today, get in touch with your thoughts. We are talking about europes biggest bank, hsbc. One of the worlds biggest banks, hsbc, has reported its latest set of earnings and if youre a shareholder you are going to be very pleased with what they have to say today. The bank made a pre tax profit of 5. 28 billion in the Second Quarter of the year thats more than the 4. 6 than the 4. 6 billion that analysts were expecting. Hsbc announced a Share Buyback of up to 2 billion as it looks to make the most of its huge cash pile. The move will effectively restri
To very warm welcome bloomberg day break. Im anna edwards. Lets talk about some of the extraordinary price action that were seeing in this environment with regard to the euro this morning or in the middle of the trading day in asia. Extraordinary is the key word in all of this. You would have missed out on a 1. 6 spike on the dollar. Take a look at what were seeing here. Even pulled it back on four trade full trading days. 1. 6 . We spoke to some of the Foreign Exchange traders out there. They said you have algo rhythmic letters snow building a. That snapped out the liquidity that was there around the turn of the year. Bear in mind some of the traders had to move in there and take losses to cover the positions. We saw a spike in the euro swiss. Move saw this specific against the dollar. A bit of a weaker dollar but in the scheme of things in the scheme of the eurodollar trade, this was a big move, anna. Algorithms being mentioned as is the norm. As we bridge this period between christm